Saturday, 25 September, 2021
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Topic: US-China trade war

US President Joe Biden (file photo) | Commons

Why Biden’s ‘America is back’ is not good for the world’s ‘China concerns’

There is fear that Joe Biden administration will lead with ‘cooperation’ rather than a clear policy of containing China. That’s not a great idea with the Chinese.

The future of India-China relationship is now all about the flux in US-China ties

As the prospects for armed conflict at LAC recede, Indian strategists must now begin the process of making sense of the troubled India-China relationship.
President Xi Jinping (centre) with other leaders of the Communist Party of China | Representational image: Reuters via ANI

Chinese state capitalism — a threat to US and the world, and how Biden must respond

Three of the world’s five largest companies are Chinese. Joe Biden will have to tackle Beijing's state capitalism.
Illustration by ThePrint Team

World is warming up to China for trade. But India is left with just a handful of minilaterals

It seems China is able to impose itself as a critical business partner even at a time when countries have been grouping up against its increasing belligerence under Xi Jinping.
Representational Image | Photographer: Bloomberg Daybreak via Getty Images

How China won Trump’s trade war and got Americans to foot the bill

Economists found Chinese exporters didn’t lower prices to keep their goods competitive after US imposed tariffs, which meant duties were paid by American firms and consumers.
File photo | Meng Wanzhou, chief financial officer of Huawei Technologies Co., exits the Supreme Court after an extradition hearing in Vancouver, British Columbia, Canada, on Thursday, Jan. 23, 2020. The first round of extradition hearings for Wanzhou finished on Thursday with no immediate ruling. Photographer: Darryl Dyck/Bloomberg

US in talks to resolve criminal charges against Huawei CFO Meng Wanzhou

The Trump administration’s moves against Huawei — particularly the arrest of Meng Wanzhou — have added to the rising tensions between the US and China.
US President Donald Trump with China's President Xi Jinping in Beijing, 9 November 2017. | Colin G/Twitter

Economic ‘decoupling’ between China, US is a lose-lose plan, says senior Chinese official

The official noted that the China-US trade volume was up by 16% year-on-year in the third quarter and said those who truly want 'decoupling' represent a minority.
US President Donald Trump leaving from White House for Walter Reed Medical Center

Trump’s China scorecard shows many defeats, and this one big change

The unprecedented trade war Trump launched with China, breaking Republican free-trade orthodoxy along the way, ended up costing American factory jobs, not creating them.
Signs with the US flag and Chinese flag are seen at the Qingdao free trade port area in Qingdao in China on 8 May 2019

US imposes curbs on exports to China’s top chipmaker SMIC, cites ‘military end use’

US firms must now apply for license to export certain products to China's SMIC, which has not been put on entity list, meaning restrictions are not yet as severe as those on Huawei.
A sign warning against "uncivilized behavior" is displayed as spectators watch a street performance in the main bazaar in Urumqi, Xinjiang autonomous region, China | Bloomberg

US bans import of 5 Chinese goods produced in ‘forced labour camps’

These goods are produced in Xinjiang Uyghur Autonomous Region, where the Chinese govt is engaged in systemic human rights abuses, the US said.

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If anything is Angela Merkel’s legacy, it is her custodianship of the liberal world order

Whereas most other world leaders are “men of action” who go off like proverbial firecrackers when crises emerge, Merkel preferred to do her homework.

Bitcoin, Ether tumble as China declares all cryptocurrency transactions illegal

London: Bitcoin, Ether and other digital tokens tumbled as China intensified its push to rein in crypto speculation and mining. Bitcoin fell 7.8% to $41,220 as of 7:41 a.m. in New York. The losses were more severe in other coins, with Ether, EOS, Litecoin and Dash all falling more than 7%. Crypto-related stocks also came under pressure, with Marathon Digital Holdings Inc. tumbling 6% in U.S. pre-market trading. China’s central bank said all cryptocurrency-related transactions are illegal, according to a Q&A statement on PBOC’s website. It’s an urgent task for China to root out crypto mining and the crackdown is important to meet carbon goals, according to the guidelines on the website of the nation’s economic planning agency. Bitcoin looks headed toward the $40,000 level or lower, Fawad Razaqzada, an analyst at ThinkMarkets, warned. China’s strict approach is part of the reason why Bitcoin prices collapsed in May and have struggled to regain previous all-time highs above $60,000. “The risks are skewed to...

Defence

Union Defence Minister Rajnath Singh speaks during the induction of a medium-range surface-to-air missile system (MRSAM), in Jaisalmer on 9 September 2021| PTI

Rajnath Singh talks ‘lessons’ from Taliban takeover, hits out at ‘irresponsible states’

Defence Minister Rajnath Singh says turmoil in Afghanistan and the region is a result of 'aggressive designs and active support to non-state players'.

Does India matter? Yes, Kamala Harris’s ‘sermon’ to Modi reminds him why

Democracy is the most important of the 3 Ds Modi keeps listing. If that is damaged, India’s most powerful PM in five decades also gets publicly admonished, if gently, by US V-P.
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